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How to buy Binance USD | Buy Binance USD in three easy steps | KoinX

how to buy Binance USD
Our step-by-step guide on how to buy Binance USD (BUSD)

Binance USD (BUSD), a well-known stable coin or cryptocurrency, is tied to the US dollar. This means that 1 BUSD is always available to buy and sell at 1 USD. Binance USD has been approved by the New York State Department of Financial Services (NYDFS), and now let’s see how do we buy Binance USD

How to buy Binance USD in three easy steps?

Step 1: Choose a cryptocurrency exchange

Step 2: Create an account and select the payment method

Step 3: Buy BUSD

Step 1: Choose a cryptocurrency exchange

Every new potential BUSD buyer will encounter a wide range of cryptocurrency exchanges vying for their business. Choosing the best one is influenced by a variety of criteria, the most essential of which are the number of cryptos listed, deposit methods, ease of use, and 24-hour support. 

Step 2: Create an account and select the payment method

Once you’ve decided on a cryptocurrency exchange, you’ll need to create an account and then choose a payment method to finance your account. You must validate your identity once your account is created before you buy BUSD. Most exchanges allow you to buy BUSD via normal payment methods like bank deposits or credit/debit cards.

Step 3: Buy BUSD

After your identity is validated and you have placed funds in your account, you may begin purchasing BUSD. It’s as simple as entering the amount you wish to spend and pressing the buy button. Once that is done, you can withdraw Binance USD to your own wallet.

Popular video guides on buying Binance USD (BUSD)

Where to buy Binance USD (BUSD)?

Also read: BUSD Prices Live

1. Coinbase
Coinbase crypto exchange

A popular exchange for buying Binance USD coins is Coinbase. Here, you receive 24-hour customer support and can deposit your money using multiple methods like bank transfer, and credit/debit cards. The fees are also minimalistic, making it suitable for purchasing BUSD coins.

Header 1Header 1
Operational SinceJune 2012
Deposit MethodsDebit Cards, Wire Transfers, Bank Accounts, Paypal, Apple Pay, Google Pay
Deposit Fees0 - 2.5% depending on the payment method
Cryptos Listed170
Trading Fees1%
Fiat Currencies SupportedUSD, GBP, EUR
2. Binance
Binance crypto exchange

Since Binance has minimal transaction costs, you can easily trade BUSD here. In addition to this, Binance provides multiple trading currencies, which provides crypto traders and investors with several possibilities while trading their cryptocurrencies.

Header 1Header 1
Operational Since2017
Deposit MethodsBank Deposit, Cash Balance, Credit/Debit Card, P2P Trading
Deposit FeesFree
Trading Fees0.1%
Fiat Currencies Supported27
3. CEX.io
cex.io crypto exchange

CEX.IO is a digital currency marketplace that allows you to instantly buy, sell, and exchange BUSD. The exchange accepts more than 100 cryptocurrencies, including Bitcoin, Ethereum, and other well-known assets. CEX.io provides a more pleasant and fluid user experience than other alternative exchanges.

Header 1Header 1
Operational Since2013
Deposit MethodsBank Transfer, Cryptocurrency, Credit Card, Faster Payments (FPS), SEPA, SWIFT
Deposit FeesMaker: VISA & Mastercard: 2.99% (USD), (GBP), (EUR), (RUB); Bank transfer: None; Skrill: 3.99% (USD, GBP, EUR); ACH: None; Faster Payments: None
Cryptos Listed145+
Trading FeesMaker: 0 - 0.15% and Taker: 0.10 - 0.25% based on the trade volume in 30 days
Fiat Currencies SupportedUSD, EUR, GBP, RUB

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Frequently Asked Questions

Where can you buy Binance USD with a credit or debit card?

You can buy Binance USD using a credit or debit card from exchanges like Binance or Coinbase.

What will you need to buy Binance USD?

To buy Binance USD you will need to create an account on any one of the crypto exchanges and fund it according to your budget.

What is the easiest way to buy Binance USD?

The easiest way to buy Binance USD is to create an account on Binance and use a suitable wallet to store your coins.

Best wallets to store your Binance USD (BUSD)

The best wallets to store Binance USD are Binance Chain Wallet, MetaMask Wallet, SafePal S1, MathWallet, and Trust Wallet.

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